Pages

Wednesday, 13 June 2012

2012.06.13 15:45:16 MARKET TALK: Revived Safety Bid Boosts Treasury Futures

9:45 EDT - Some flight-to-safety returns to the bond market amid muted
retail-sales and producer-price data, along with escalating fears
about the debt crisis and economy in the euro zone. September 10-year
Treasury futures were recently at 133-16+, with further upside to
133-20 dropping the implied rate to 1.625%, says Optima Investment
Research. Resistance is viewed at Tuesday's high of 133-30+.
(howard.packowitz@dowjones.com)

(END) Dow Jones Newswires

June 13, 2012 09:45 ET (13:45 GMT)

No comments:

Post a Comment